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18% GST Over Caramel Popcorn? How Much Tax Will The Movie Time Snack Attract? | Watch
Posted
December 27, 2024
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3:02Now PlayingThe GST Council, chaired by Finance Minister Nirmala Sitharaman, proposed different tax rates for various types of popcorn. Non-branded popcorn with salt and spices will attract 5% GST, while branded popcorn in packets will incur 12%. Caramel popcorn, classified as sugar confectionery, will face an 18% tax. Popcorn bundled with movie tickets will be taxed according to the ticket's applicable rate. This is a clarification, not a new tax imposition.
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